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Next CSE-PPT: 14 March 2027

World MCQ ForumPhilippines

Article XI, Section 16 prohibits government-owned or controlled banks from granting loans for a business purpose, during their tenure, to:

Correct answer: D. The President, Vice-President, Cabinet members, members of Congress and the Supreme Court, and other high officials named

Section 16 bars loans, guaranties or other financial accommodation for any business purpose to the President, the Vice-President, Cabinet members, members of Congress, the Supreme Court and the Constitutional Commissions, and the Ombudsman, or to firms in which they have a controlling interest, during their tenure.

hard

Answer and explanation

The correct answer is D. The President, Vice-President, Cabinet members, members of Congress and the Supreme Court, and other high officials named

Section 16 bars loans, guaranties or other financial accommodation for any business purpose to the President, the Vice-President, Cabinet members, members of Congress, the Supreme Court and the Constitutional Commissions, and the Ombudsman, or to firms in which they have a controlling interest, during their tenure.

Topic: Constitutional Commissions and Accountability of Public Officers MCQs · Subject: General Information